Thursday, August 13, 2020

Deutsche Telekom Q2 EBITDA AL Climbs, Lifts FY20 View; Stock Up

Shares of Deutsche Telekom AG were gaining around 2 percent in the morning trade in Germany as the telecom giant raised fiscal 2020 outlook following the integration of newly acquired Sprint in the United States, along with significant growth in second-quarter EBIT and EBITDA AL, the key earnings metrics. Meanwhile, the second-quarter net profit declined from last year.

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